Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are unchanged from the previous trading day due to cautious sentiment in the market. 

Rare earth realizes low-temperature denitrification catalysis. Inner Mongolia Seagate Environmental Protection Technology Co., Ltd. undertook the Inner Mongolia Autonomous Region's major science and technology project of ‘Industrial production and application of rare earth-based medium and low temperature flue gas denitration catalysts’ to make low-temperature denitrification catalysis possible.

The University of Birmingham and Bentley Motors jointly and others on a three-year RaRE (Rare-earth Recycling for E-machines) rare earth recycling project to deliver a sustainable source of rare earth magnets for electric and hybrid vehicles. RaRE will build on an innovative technology developed by Professor Allan Walton and Professor Emeritus Rex Harris of the University’s Magnetic Materials Group, the only research group in the UK focused on processing and recycling of permanent rare earth magnetic materials.

Analysis of latest tungsten market from Chinatungsten Online

The listed tungsten companies and associations raised their new reference prices for March, keeping in line with current market trend. Raw materials have strong rised mentality while downstream buyers remain cautious sentiment in inquiring. In the short term, participants will take a watchful stance for the recovery in economy and demand. 

The US Food and Drug Administration (FDA) approved Nulibry (fosdenopterin) for injection to reduce the risk of death due to molybdenum cofactor deficiency Type A, a rare, genetic, metabolic disorder that typically presents in the first few days of life, causing intractable seizures, brain injury and death.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate (APT) prices in China started to slow down their rise in the week ended on Friday March 05, 2021 affected by increased spot resources and downstream’s cautious sentiment. 

Rare earth market quotation in China: praseodymium oxide and neodymium oxide prices continue to rise while praseodymium oxide price remains stable on March 8, 2021. 

Molybdenum market quotation in China: molybdenum oxide, molybdenum powder and ferro molybdenum prices remains unchanged on Monday March 08, 2021 under weak supply and demand sides. 

Western Media issued a document on February 22, saying that there was a time when China made other countries nervous by warning to restrict its rare earth exports. However, this situation has now been reversed. Bloomberg said in an article that we don’t have to worry too much about the news that the Chinese government plans to ban the exports of rare earth elements (REEs). If China takes such a move, it may be counterproductive.

The US President Biden is set to sign an executive order to accelerate efforts to build supply chains for rare earth, chip, battery and other strategically significant products that are less reliant on China, in partnership with the likes of Japan and South Korea, according to Japan media.